Modification and termination of contract Sample Clauses

Modification and termination of contract. If one party fails to perform its obligation under this agreement for more than 10 days, the other non-breaching party has the right to terminate this agreement unilaterally.
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Modification and termination of contract. 20.1 Unless otherwise set forth herein, neither party shall unilaterally modify or terminate this Contract upon its effectiveness. Any amendment to or modification of this Contract shall be mutually agreed upon by the Lender and Borrower through consultations and shall be concluded in a written instrument. 20.2 The Lender may partially or wholly assign its rights hereunder to a third party. The Lender shall notify the Borrower of such assignment. 20.3 If, due to a change of the laws, regulations or policies of the state, all or part of the provisions of this Contract become inconsistent with the requirements of such laws, regulations or policies, the Borrower and the Lender shall promptly consult each other and shall amend relevant provisions as soon as possible. 20.4 If, due to a force majeure event, either the Borrower or the Lender is unable to perform the Contract, the relevant party shall promptly notify the other party and shall take effective measures to prevent the widening of the losses. The party affected by the force majeure event shall within 20 days of the occurrence of the event provide the other party with details on such force majeure event as well as the certificate issued by relevant governmental authorities on the occurrence and impact of said force majeure event. The Borrower and the Lender shall promptly consult each other on the measures to deal with such force majeure event.
Modification and termination of contract. (I) The pledgor or the pledgee is not allowed to modify or terminate the contract without authorization. If modification or termination is required, it shall be done with consensus between both parties and a written agreement shall be reached; (II) If the borrower and the pledgee reach a written agreement to modify the content of the Master Contract, the pledgor shall continue to fulfill its responsibility for the guarantee of the debt under the Master Contract with the pledge object under this contract. If modifications to the Master Contract without agreement of the pledgor results in an increase of the loan amount, the pledgor shall not be responsible for guaranteeing the increased amount.
Modification and termination of contract. This Contract can be modified and terminated upon mutual agreement of both Parties in writing, which, nevertheless, shall remain in force until the written agreement is reached. Neither Party shall unilaterally alter, modify or terminate this Contract without authorization.
Modification and termination of contract. 1) Where there is a need to modify terms of this Agreement because of change in market environment, relevant national policy, the modification shall be consulted and settled by both parties. The new term or agreement reached hereby is appendix of this Agreement and has equal effect. 2) If and to the extent this Agreement is to be early terminated because of change in national policy or by force majeure, both parties shall notify the other party 30 days in advance, this Agreement may be terminated provided that both parties confirm the termination and complete all converting procedure and the payment is settled. 3) For other reasons (except for force majeure) Party B request to terminate the Agreement, it shall make a notice to Party 30 days in advance, the Agreement can be terminated if both parties reach a consensus through consultation. 1. On the date the down payment and Deposit from Party B arrives at the account appointed by Party A, this Agreement will come into effect with valid period of 5 years and can be renewed on expiration. 2. This Agreement is in two copies with equal legal effect for each paries.
Modification and termination of contract. 10.1 This Contract may be modified in writing upon mutual agreement of the Parties; provided that such modification shall not violate the provisions of the laws of the PRC and the Transfer Announcement. 10.2 This Contract may be modified or terminated by either Party if: (1) the Parties agree to terminate this Contract in writing upon mutual agreement due to any change in the circumstances, without prejudice to the national or social public interests; (2) the conditions to termination by operation of law as provided for in the Civil Code of the People’s Republic of China are satisfied; (3) any of the circumstances set forth in this Contract where this Contract shall be modified or terminated occurs. 10.3 Either Party that terminates this Contract in accordance with Article 10.2 shall notify the other Party in writing. 10.4 In the event of any termination or modification of the main provisions of this Contract, Party A and Party B shall also notify AAEE in writing of the termination or modification of this Contract. If the modification or termination of this Contract involves any amount temporarily kept in the fund settlement account of AAEE, a written application for the transfer of such amount shall be submitted to AAEE, and AAEE shall have the right to deduct the Assets Transaction Fees payable by the breaching Party directly from such amount.
Modification and termination of contract. 10.1 If any changes take place in any laws, regulations, or rules according to which this Contract is entered into, appropriate modifications shall be made in the relevant contents of this Contract. 10.2 If any changes take place in the specific conditions under which this Contract is entered into, and it becomes impossible to perform this Contract, the Parties may make appropriate modifications in the relevant contents of this Contract after reaching an agreement on such modifications through negotiations. 10.3 The parties may terminate this Contract after they have reached an agreement through negotiations. 10.4 Party A may terminate this Contract at any time after serving a notice thereof to Party B if any of the following things occurs to Party B: (1) Party B fails to meet any of the qualifications for employment during the probationary period; (2) Party B is in violation of any of the provisions of Article 1.1, Article 8 or Article 9 of this Contract; (3) Without any authorization, Party B takes advantage of Party A's office space and equipment to engage in any business activities that are not commensurate with the post he holds, including, but not limited to, undertaking or conducting any business activities for his or her own benefits or for the benefit of any third party; (4) Party B accepts in private any valuables, money, or marketable securities from any customer; (5) Party B obtains any benefits from any customers by fraud or any other illegal means, causing any damage to Party A's goodwill; (6) Party B steals or embezzles any property owned by Party A or any of its affiliates or other employees, or defraud any of them of their property; (7) Party B is derelict of his or her duties or is engaged in any malpractices or any other improper activities for his or her selfish ends, resulting in any damage to Party A's interests; or (8) Criminal liability is pursued against Party B according to the laws, or where he or she is being reeducated through labor. 10.5 If any of the following things occurs to Party B, Party A may terminate this Contract, provided, however, that Party A shall notify Party B in writing thereof thirty days in advance or pay Party B a compensation equal to his or her thirty days' wages: (1) Party B has contracted any disease or was injured in any accident while on duty and, upon expiration of the period of medical treatment of such disease or injury, the disability appraising committee has determined that he or she is no longer ...
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Modification and termination of contract. 12.1, Party A or Party B may, for special reasons, modify or prematurely terminate this Contract after negotiations, but the modifying or prematurely terminating party shall notify the other party in writing 60 days in advance. If either party suffers losses as a result of such modification or termination, the breaching party shall be liable for compensation.
Modification and termination of contract. Upon the execution of contract, unless agreed by the insured, neither the applicant nor the insurer shall modify or cancel this contract. The Applicant may demand this Contract be modified or cancelled, in which case the Insured shall provide the documents as follows: Application form of Modification/ Cancellation 、Insurance policy、written documents of uncontested by insured. The Insurer shall undertake to refund the Unearned premium if the insured agreed the termination of this contract, The Refundable premium shall be calculated as follows: Unearned premium = (1- number of days of the expired insurance period/number of days of the insurance period) X Premium actual paid
Modification and termination of contract. 27 4.1 Modifications of Contract 27 4.1.1 In writing 27 4.1.2 No oral modification 27 4.1.3 Tax clearance 27 4.2 Termination in General 27 4.3 Termination for Necessity or Convenience 28 4.4 Termination by PROVIDER 28 4.5 STATE‟s Right of Offset 28 Indemnification 28 5.1 Indemnification and Defense 28 5.2 Cost of Litigation 28 6. Publicity 29 6.1 Acknowledgment of State Support 29 6.2 PROVIDER‟s publicity not related to contract 29
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